EU to boost local medicine production
Attached: 1 image 🏭 The EU excels in innovative medicines but faces challenges: over 50% of medicine shortages are due to manufacturing issues and we also need to be vigilant about keeping generic drug production in Europe. Our Critical Medicine Act aims to: 💊 ensure that essential medicines ar...
It's scary knowing that most of our medicine is produced in China or India. Once we get into a conflict with China they could easily cut us from from lifesaving medicine, antibiotics, etc.
Novo Nordisk is based in Denmark. 40% of their sales are from the US, so I guess they could pivot to European sales.
Isn't NN in the hormone business? Surely it helps, but it's Rather the staple of medicine that I'm worried about.
I don’t think they are? At least here in Italy the pharmaceutical industry is very big
Check out these slides: https://progenerika.de/app/uploads/2020/11/API-Study_long-version_EN.pdf
While Italy is indeed the largest supplier in Europe, the majority comes from Asia.
Bringing back drug manufacturing is important for many reasons, but drug safety is high on that list too. Sterile products shouldn’t be made in a factory where workers are allowed to be barefoot. Drugs that fail microbiology quality tests shouldn’t simply be retested until they pass.
I feel like the EU is finally taking some good steps, now that we can't rely on the USA
That's all very nice but a lot of the problem is linked to precursors (I'm not sure if it's the right term in English), chemicals required to produce drugs. Most of those are sourced in China (surprise), sometimes India (which is becoming a medical chemistry powerhouse, despite having a production ranging from the totally legit high end to the utterly worst of the counterfeit drugs containing shitall active ingredients (this part is also true for China of course).
Anyway a bit of the production is coming back to Europe (for some basic stuff, like paracetamol). But the local pharmaceutical companies aren't super eager from what I've read. They'd rather cruise along sell rights, and not have to deal with dirty stuff like actual pills. At least that's certainly that's what it feels like.
Note: I'm just a local, not at all plugged in the industry.
Looks like this wants to be Don't Dead Open Inside but I can't read the handwriting (is it just signatures?)
I think it's intended to look like illegible doctor's prescription handwriting
How is strengthening regional manufacturing related to killing evil insurance company CEOs?